TWENTY-EIGHTH CONGRESS, 1843-45. 283 



five years from date, with interest annually, at the rate of 5 per centum ; 

 ■which we otfer for your consideration. 



Very respectfully, your obedient servant, 



W. H. Mills, Cashier, 

 Hon. Levi Woodbury, Secretary of the Treasury. 



D 20. 



Eastkrn Railroad Office, Boston, August 14, 1838. 



Sir : I notice your advertisement of the 6th instant for proposals for the 

 purchase of State stocks, and beg leave to offer you $100,000 of Massachu- 

 setts State scrip, payable twenty years from 1st September next, bearing 

 interest at the rate of 6 per cent., payable semi-annually. 



We are just advised of a large sale of the scrip of this State in London, 

 at a premium of 4 per cent.; at which rate I am authorized to sell the 

 $100,000 now offered to you. 



The last issue of scrip which I received for same amount of the Com- 

 monwealth, I sold all at 5 per cent. If the rate named should be at a 

 greater premium than you can purchase at, I shall be happy to receive an 

 offer, which I will communicate to the directors of this company. 

 I am, sir, very respectfully, yours, 



B. T. Reed, Treasurer. 



Secretary of the Treasury. 



D 21. 

 Bank of Kentucky, Louisville, August 14, 1838. 

 Sir: I take the earliest opportunity of acknowledging the receipt of 

 yours of the 4th instant. 



Having already made such arrangements as will reduce the debt to you 

 from this institution to $300,000, I am willing to give that amount of the 

 bonds held by you at par. Should this arrangement satisfy you, please 

 advise me as early as possible. 



Your obedient servant, W. H. Pope, President. 



Hon. L. Woodbury, Secretary of the Treasury. 



D 22. 

 State Bank of Indiana, August 14, 1838. 

 Sir : For the purpose of a prompt adjustment of the balance due to the 

 United States on account of public deposits, I take an early occasion to 

 comply with the authority given mo by the directors of this institution ; 

 and therefore, propose that such balance due from this institution, on ac- 

 count of public deposits to the United States not otherwise arranged for, 

 shall be forthwith paid by this institution in the bonds of the State of In- 

 diana, bearing 6 per centum interest, and payable, both principal and 

 interest, at a bank in the citj' of New York — the principal at the expiration 

 of 30 years, and the interest semi-annually. This proposal is intended to 

 include, also, the future installments of our deposit debt. 



An early answer is requested, and it is trusted that this mode of your 

 realizing these means, and of adjusting an unsettled account, may bo 

 approved. 



I am, respectfully, your obedient servant, 



S. Mkrrill. 

 Hon. Levi Woodbury, Secretary of the Treasury. 



D 23. 



Washington, August 14, 1838. 

 Sir: For one hundred and fifty thousand dollars of the Smithsonian 



